Mercer County, WV is located in the Appalachian region of West Virginia and is a great place to live. The cost of renting a two bedroom apartment in Mercer County is $740, which is significantly lower than the US average of $1,430. Mercer County also has a below national average Grocery Cost Index (93 versus 100). The area offers many job opportunities from major employers such as Bluefield Regional Medical Center, Wal-Mart Distribution Center, Princeton Community Hospital and First Data Merchant Services. Additionally, local start-up businesses are flourishing due to the support of the Economic Development Authority (EDA) and other organizations devoted to helping entrepreneurs succeed. With its low cost of living and diverse business opportunities, Mercer County is an ideal place for anyone looking for a new home.
Mercer County has an unemployment rate of 7.0%. The US average is 6.0%.
Mercer County has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 17.9%, which is lower than the US average of 33.5%.
Tax Rates for Mercer County
- The Sales Tax Rate for Mercer County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Mercer County is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mercer County
- The average income of a Mercer County resident is $25,061 a year. The US average is $37,638 a year.
- The Median household income of a Mercer County resident is $43,293 a year. The US average is $69,021 a year.